26
Mar
10:26
Credit insurance, liquidity issues hit Italian steel firms
The Italian steel sector is going through a liquidity and payment crisis. Re-rollers, producers and distributors who spoke to Kallanish are receiving warnings from customers that they will have to postpone paying their outstanding invoices.
While some customers are asking to pay by instalment, others are unable to pay as they have not invoiced for a month now. All steel companies in Italy are shut down this week starting from 25 March until 3 April in compliance w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous